LyrArc Article Gist
Goldman Sachs Analysis on replacing Hormuz oil supplies so that the world can focus on pressing domestic issues for China, India, EU, US,  Africa, Asia and Latin America. This Analysis is detailed on the source of new oil supplies outside of Hormuz in each specific region. This does not include renewable energy target acceleration in EU, India US and China, and does not include the 4 million barrels a day China is replacing with its own alternative supplies from its reserves, coal and renewables. It also does not include the 3 million barrels a day from Venezuelan ramp up. The total picture is shown in the Lyrarc.com report alongside this article.

LyrArc Article Gist
RFK Jr. says "we should'nt be spending 10% of SNAP program on sugared drinks,and we should'nt be giving 60% of kids in schools processed foods"

LyrArc Article Gist
The U.S., Japan, Finland and other countries are looking seriously at 6G after falling behind in 5G.

LyrArc Article Gist
In Smucker's failed acquisition of Hostess Twinkies for $5 billion business analysis but no mention of RFK Jr MAHA from WSJ. How on earth could Smucker's think that foods like Twinkies would be growing in size, because by 2020 the dangers of such junk food were already evident from the Nation's obesity problem. It isnt' the failure of distribution channels for Twinkies merged into Smucker's jams products slower distribution that is the problem (the 65 days shelf life for Twinkies). It is the Nation's gradual recognition of and awareness of how obesity happens and how it destroys people's health and well being. 

LyrArc Article Gist
BBC's look at Andy Burnham, whom it calls "King of the North" having won 60% of the vote as Mayor of Greater Manchester for three successive terms. A brief look at Andy Burnham's life. His father was a BT enginee and his mother a GP receptionist both strong Labour party supporters. He studied for a Masters degree in English at Cambridge. BBC says he was inspired to join Labour at age 14 years after seeing a documentary "Boys from the Blackstuff,"' about life in the city of Liverpool for the disadvantaged. He is a soccer player and Everton soccer team fan, who played for Lancashire schoolboys cricket team. He starts out as ajournalist working for trade magazines, then as researcher for the MP for Duwich, later joining the Blair movement that returned Labour to power. Under Blair he was junior minister, then MP for Leigh in the Manchester area. He moved to Cabinet Minister under Gordon Brown as chief secretary to the Treasury and Health Secretary. With Conservatives in power he was Shadow Home Secretary under Jeremy Corbyn in the Opposition. He ran against Jeremy Corbyn and Ed Milliband for the leadership of the Labour Party before being elected as Mayor of Greater Manchester three times with 60% of the vote. As Mayor he put the bus and transport system back under government control and built the Bee Network, which is one of his success stories in Manchester. He is seen as the only Labour leader who enjoys confidence of the British public from the way he ran the large local government of Manchester. With UK Reform winning local elections he is seen as the leader who can bring confidence back to Labour, and to Britain as it navigates the post Brexit environment and strives for renewal of Britain, its economy and role in Europe. ...

LyrArc Article Gist
Oil prices expected to drop from $70 per barrel to $60 per barrel in July 2026 easing oil crisis in advanced and developing nations. A drawdown of inventories by 163 million barrels happened to OECD countries in the 4 months of the Hormuz crisis. Advanced European nations will replenish their inventories starting in the 4th quarter, the US next year in 2027, China with a billion barrels in inventory is not in a hurry to replenish at this time. Factors improving the situation are that the UAE has increased production and sends it though Fujairah that is separate from Hormuz after it left the OPEC oil organization (which sets production quotas for members to control prices). Kuwait is doing the same. Saudis have also increased production routing it away from Hormuz. The advanced countries have learned from the Hormuz crisis. China has changed its oil consumption policy to use it more efficiently one of the big changes from the Hormuz crisis. Instead of importing 10 million barrels a day oil China now imports 6 million barrels a day. China was always a prolific user of oil and as long as oil was plentiful China did not pay enough attention on how to use oil as efficiently as some European nations and Japan are doing. During the crisis the rest of the world including India had time to figure out ways of running their economies using less oil and will continue to do so knowing that Hormuz had allowed one country (Iran) to put the whole family of developing nations in Africa and Asia, Latin America at risk. Hormuz channel itself has opened and about 40-60 ships are making their way through each day. There are risks that Iran will try to close Hormuz again or that the war will restart and this means all nations advanced and developing nations are finding and securing alternative oil supplies. US is also increasing production through its oil base and oil base of its allies, and American plus European oil companies will act to increase supplies and new sources of oil to prevent the world being threatened again in the way it was at Hormuz in 2026. ...

LyrArc Article Gist
JAPAN PM SANAE TAKAICHI VISIT TO INDIA JULY 3, 2026. Deepening of ties between Asia's 2 leading democracies and largest top 5 economies of the world with a combined population of 1.5 billon and a combined purchasing parity GDP of 27 trillion dollars about 60% of China's purchasing power GDP. With the acceleration of the Indian economy to about 8% growth and complementing Japanese capital and Indian ambition the effort will be made to close the gap with China, to establish independent resilient supply chains, and set the new course for Asia as a whole. Once the gap is closed over the next 10 years just Japan India partnership will be the size of the Chinese economy. The American and European Union economies would be the size of the Asian economies also complementing the Japan India partnership, to set a clear course for the world of nations based on the rule of law, open navigation, and peaceful cooperation for development of Africa, Asia and Latin American nations.

LyrArc Article Gist
Chaebols as family held firms in South Korea - the story of LG and the family inheritance of $2 billion claimed by founders wife Ms Kim and her daughters over a nephew who runs the company after the death of the founder. 

LyrArc Article Gist
It would take 60 days for Iran to generate $10 billion in revenues. It seeks to charge tolls for the Hormuz channel to generate $40 billon a year. The US strategy- now that US knows there is a power struggle between the- elected president Pezeshkian and the militay IRGC- is to restrict Iran from gaining the funds to fund a nuclear weapons program. The most likely and low cost option is to reinstate the naval blockade. The next action is to work with China, Japan, India and the European Union to find other sources of oil to replace the 20 million barrels lost from Homruz- by using the unused capacity of 5 million barrels a day in UAE, Saudi pipelines. China learning to do without the 4 million barrels a day it got through Hormuz, supplying India through added oil supplies from Venezuela and the US, accelerating renewable energy and EV's hybrids could generate about a third of the 20 billion barrels lost from Hormuz or 6 million barrels a day. The better management of supplies in inventories could generate the additional energy to replace 4 million barrels a day. The result would be to reduce or eliminate the need for Hormuz and reduce its impact on the world's need for oil and energy use. ...

LyrArc Article Gist
Luis de la Fuente coached the Spanish under 19 and under 21 teams for 9 years- the results show Simon, Rodri, Merino, Ruiz, Olmo, Oyarzabal. Fuente 65 years old, says- “I never imagined anything like this. I always just wanted to enjoy those moments I was experiencing (with the development teams). I always worked and coached where I wanted to be. When you look at this process, we couldn’t have achieved anything on this journey without these players and with the knowledge of the raw materials and the way Spanish players play and compete.” This process is nothing like the fast fixes England and the US tried with Itlaian Pochettino and German Tuchel who never practiced with their team except for less than a year. Germany had changed coaches, France with Didier Deschamps was the only coach like Fuentes having many years of experience with his players. And the process showed. In the end Argentina crumbled, US stumbled, and France and even England with the passion of their players came out winners, their fans happy in the third place game in ways that the finals with the fights of the Argentine players with Rodri and Gavi after the whistle were not what fans wanted. ...

LyrArc Article Gist
Just about half of Africa's population is within 25 kilometres of a fiber network for mobile telephone connections. In Nigeria this is much lower at 14%. Instead of having to lay costly fiber optic networks for high speed broadband connections Africa can benefit from new 5G network technologies that enable Africa to leapfrog to better high speed internet connections. The telecom company MTN has started testing 5G mobile internet in Nigeria with live demonstrations in Abuja and Calabar, and in other Nigerian cities during a 3 month trial period. Nigeria is one of the few African countries that is pushing 5G with rollout in 2020. 5G uses radio waves to transmit and receive data between an antenna and one's mobile phone. It operates at high radio wave frequencies which cannot travel as far as other frequencies, so a denser network of base stations or masts is needed. This makes it highly suitable for large urban areas. A report by GMSA shows that South Africa, Nigeria and Kenya and four other African countries will have 5G by 2025 and this will be about 3% of mobile data compared to 16% worldwide. Problems with use of 4G in Nigeria show the issues facing Africa. Cost of using 4G is high for the average user, so that only 4% of users of mobile internet in Nigeria are 4G even though Nigeria has an extensive 4G network. Instead 40% of Nigerian users use 3G networks. 5G faster internet could help Africa in areas such as health with telemedicine, and in remote education, say experts. They also say 5G rollout in Africa will benefit from drop in costs as the technology becomes widely used in Europe, China and America. ...

LyrArc Article Gist
The European Union is about to ban social media platforms from accessing children under age 13. This is how Ursula Van Leyen puts it - it is not about children accessing social media, it is about social media platforms accessing our children, says Leyen. She will announce this in her address to the European Union in September. A new report by a psychologist Fegert and an epidemiologist Melchior comes to the conclusion that social media is harmful for children, not just under 13 years, restrictions should be placed on 13 to 18 year olds also to prevent infinite scrolling and other addictive features. Australia has announced a ban setting the age at 16 years. Britain is tightening its ban. France is planning to ban setting the age at 16. The following countries are about to do this- Denmark, France, Germany, Spain, India, Indonesia and Malaysia. When the EU announces a ban it will apply to all of Europe. In the US Florida passed a ban setting age at 14 years. Across Europe children spend 4 to 6 hours on social media a day and for 60% of children it is having harmful effects on emotional health and creating psychosocial problems for children. It also affects the education, the reading comprehension of children as less books are read, and a whole new generation of children is growing up in a way that was never before seen in the Modern period where books and reading were a key aspect of modern society for the last 200 years. ...

LyrArc Article Gist
Mary -Louise Parker in movie Young Washington 2026 as Washington's mother Mary Ball. Here she talks to Marc Myers of the WSJ about her childhood growing up as an Army officer's daughter in different bases before settling down in Arizona. Her fight with shyness till she over compensated. Her father's confidence in her and pointing to her the prospect of going to the North Carolina Institute of Arts, where she learnt the craft of acting. She moved to New York for different roles including one in "Weeds."  She is 61 years, and lives with 2 sons 19 years and 22 years, in a large apartment in Brooklyn that overlooks the water with views of sunsets which she enjoys. It was Mary Ball who told her son not to join the British Navy, wanting to keep him in America. Washington joined the British forces in North America after a career as a surveyor. Land and landholdings were important at the time and as a surveyor with important connections to prominent British families Washington built his career, and further enhanced it by joining the British forces against Indian raids and the French in the coveted Ohio territory. Where did Washington get his keen knowledge of history and the Enlightenment thinkers that enabled him to grasp the ideas of Jefferson? Washington was like the first Chief Justice Marshall in the same communities at the time in the Virginia colony. Both were mentored by a major British landowner who built a large library in the colony that both were able to go to and learn what they later used to start the struggle for a new Nation. It shows the importance of books and libraries, of knowledge during the Enlightenment period in shaping the minds of the Nation's founding fathers- Jefferson, Marshall, Washington, Madison, Samuel Adams and others. ...

LyrArc Article Gist
Joana Stern says that she turned off her 5G and used 4G LTE on her phone- and barely noticed the difference. She says 5G is not such a big deal after all.

LyrArc Article Gist
Beatles oldest singers to get to top the charts as well as having one in 1963 when Macmillan was prime minister and now in 2026 when Labour's Starmer is PM.

LyrArc Article Gist
Reliance Jio makes the highest bid and takes most of the 5G spectrum in India with a bid for $11.4 billion or over half of the 5G spectrum. The government had eased the size of investment by firms by allowing 20 equal instalments in payment and other measures. This prepares India and Jio to build the 5G network in India as it had done earlier for the 4G network and become the dominant low cost provider in the world. The experience gained in building 4G gives Jio the advantage in building the new 5G network in India on its own.

LyrArc Article Gist
South Korea is the leading country for 5G services with 4.5 million users by the end of 2019. Except for streaming content seamlessly and downloading files the additional jump in speed has not made much difference. Smartphone users do not see a big change from the 4G service.

LyrArc Article Gist
This report in The Mint gives information on the extensive preparation for 5G in India including auctioning of 5G spectrum for 51,236 Mhz that was allocated to telecom service providers for 150,000 crore rupees. Jio bid 88,000 crore for half of the spectrum with Airtel Bharti bidding with Vodafone for the rest. The cumulative economic impact on transformation of India is expected to be $450 billion for India by 2035, according to the Ministry of Communications. PM Modi will be shown three different case studies of use in education and other fields. PM's vision is for India to develop 5G parallel to global standards and take the lead in 6G technology. Jio video case will show how a teacher in a school in Mumbai reaches out to students in Maharashtra, Gujarat and Odisha. The Airtel video will show how a girl in Uttar Pradesh learns about the solar system using 5G augmented reality. The Vodafone case will show how safety of workers in an underground construction tunnel of Delhi Metro can be maintained through creating a digital twin of the tunnel on the dias. The digital twin would help give safety alerts to workers from a remote location. Other demos include smart ambulances, health diagnostics, precision drone based farming, smart agri-programme and others. ...

LyrArc Article Gist
The U.S. is falling behind China in the race to setup 5G technology networks. This requires government collaboration with private industry that was missing in the U.S. China has taken the lead by prioritizing 5G global leadership through central planning, subsidies, university training, and recruitment of tech talent. 

In the U.S. a small group of activists made net neutrality an issue says the WSJ leading to extensive proceedings at the FCC and acting as a distraction from the task of setting up 5G capabilities. The U.S. now has to catchup in this field using its strong 4G network for upgrading to 5G and its innovative tech culture for the apps needed.

LyrArc Article Gist
The G7 countries including the US, France and Germany  and the European Union now support setting a oil price cap of $60 per barrel for Russian oil. This price cap of $60 goes into effect December 5, 2022, and require western companies that do most of the shipping and distributing for Russian oil worldwide to comply. The US favored oil price cap of $65 set at what Russia earned historically on oil exports. Eastern European countries such as Poland wanted to set the price cap on Russian oil much lower at $30 what it costs Russia to produce oil so that it would crimp Russia's ability to wage war in Eastern Europe that has brought millions of refugees to Poland in 2022.  There were also other prices of between $65 and $70 that were proposed by the European Commission. The US wanted to give Russia some incentive to continue its oil exports which it had threatened to stop if the oil price cap was set -and avoid a situation in which oil prices that hit $120 a barrel early in 2022 would not jump to hit $140 a barrel.  Poland has called for a review every 2 months of the oil price cap so that it is close to the market cap. In November 2022 Russian oil is being sold at about $48 per barrel discounted from Brent crude at $86. The $12 difference between $48 and $60 is the US saying to Russia that it is working with moderation just as it had supported Ukraine with air defenses but acted with restraint to limit that to avoid provocative attacks on Russian soil. What does a cap on Russian oil price mean and how is it possible? Western shipping companies ship the oil out of Russia and distribute it around the world. This advantage of the G7 countries is what it intends to now use to bring an early end to the war in Ukraine by cutting into Russian oil generated funding for the war. Shipping an insurance companies that insure shipping based mostly in the west are now required to comply and not carry supplies bearing a price higher than $60.  ...

LyrArc Article Gist
To reduce its reliance on China for nickel supplies and secure the supply chain LG Energy Solution has signed a $9 billion deal in Indonesia that sources nickel supplies in Indonesia and produces the EV batteries in Indonesia. The deal was signed with Indonesia's mining company Antam and Indonesia Battery Corporation. Indonesia is the largest producer of nickel with 21 million tonnes of reserves according to US Geological Survey data. The entire process will now be done in Indonesia- smelting and refining nickel, manufacturing precursors, cathode materials and cells, and assembling finished products. LG Energy Solutions is also working with Hyundai Group to build a $1.1 billion battery manufacturing plant 65 kilometres southeast of Jakarta. At this time most of the materials for EV batteries are processed in China and about 11% of the world's production of Nickel comes from Russia.  China's Amperex the world's top battery maker also has signed up with Indonesia's Antam mining company for a similar $6 billion project. For LG Energy Solutions the second largest battery maker the stable supply of raw materials and reduced dependence on China and Russia is becoming important with the situation in Ukraine.     ...